Summer Suites, Menara Solaris

Summer Suites (also known as Mercu Summer Suites) is a leasehold SOHO building located in Menara Solaris, KLCC. There are 403 units available at this project with built-up from 493 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at around RM700 psf, and was completed in about 2015.

UEM Sunrise Bhd (fka Sunrise) is a very large-sized real estate company listed on KLSE, and it has constructed around 63 real estate projects in Malaysia. Other similar projects by the same developer are Menara Solaris and Summer VOS.

Property Type
SOHO
Land Tenure
Leasehold
Built-up
493 sf
Market Price
RM510,000
Density
403 Units
Completed In
2015
Launch Price
About RM700 psf

This SOHO building has many amenities nearby, for example universities, hospitals, metro transport stations and schools. The following are some main universities here:

As for hospitals, there are Al Islam Specialist Hospital, Specialist Hospital Al Islam, Twin Towers Medical Center and Twin Towers Medical Centre. There are also some metro transport stations here, i.e. LRT Dang Wangi, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku.

Lastly, the schools here are SMK Convent Bukit Nanas and Yayasan Sekolah Al Quran KL.

The current rental yield of Summer Suites is around 5.0%, compared to 4.43% 2 years ago in Q4 2018. The highest rental yield ever recorded was 5.47% in Q3 2016; while the lowest one was 4.04% in Q3 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Summer Suites for sale listings:

DateTypeBuilt-upPrice
TodayOffice452 sfRM393,660
TodayCondominium850 sfRM980,000
14-Feb-20Office452 sfRM437,400
29-Jan-20Condominium493 sfRM490,000
29-Jan-20Condominium1,300 sfRM850,000
29-Jan-20Studio493 sfRM470,000
29-Jan-20Condominium638 sfRM530,000
29-Jan-20Studio480 sfRM480,000
29-Jan-20Studio493 sfRM470,000
28-Jan-20Condominium620 sfRM600,000

Latest Summer Suites for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM1,100
TodayRoom In Apartment-NA-RM1,200
TodayRoom In Apartment-NA-RM1,100
TodayRoom In Apartment-NA-RM1,188
YesterdayCondominium498 sfRM2,590
25-Feb-20Condominium866 sfRM3,300
21-Feb-20Room In Apartment-NA-RM1,200
21-Feb-20Room In Apartment-NA-RM1,200
21-Feb-20Room In Apartment-NA-RM1,200
21-Feb-20Room In Apartment-NA-RM1,300
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